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14 March 2009

TCS announces No Salary hike

India's Leading Software company TCS, announced no salary increases for their employees on next year.They announced these report due to Global Economy crisis. If the economy condition goes down,it may leads to the Salary cut based on the situation.
TCS silently stops their Recruitment in the recent years.They also going to revise the Employees' salary percent.TCS employs 1,30,000 professionals spread over the world.
It shows 8% of the employees salary from the total company Income.Revised salary may depends on the Employee's talent which includes 22 to 35% increase that follows.

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